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Side-by-side financial comparison of Beam Global (BEEM) and Soluna Holdings, Inc (SLNH). Click either name above to swap in a different company.

Beam Global is the larger business by last-quarter revenue ($9.0M vs $8.4M, roughly 1.1× Soluna Holdings, Inc). Beam Global runs the higher net margin — -25.8% vs -284.7%, a 258.9% gap on every dollar of revenue. On growth, Soluna Holdings, Inc posted the faster year-over-year revenue change (11.8% vs 6.7%). Beam Global produced more free cash flow last quarter ($-3.8M vs $-6.8M). Over the past eight quarters, Soluna Holdings, Inc's revenue compounded faster (-8.8% CAGR vs -21.2%).

Suntory Global Spirits Inc., formerly known as Beam Suntory, Inc., and before that as Beam, Inc., is an American beverage company that is a subsidiary of Suntory Holdings, a Japanese multinational beverage conglomerate. The company produces alcoholic beverages.

BEEM vs SLNH — Head-to-Head

Bigger by revenue
BEEM
BEEM
1.1× larger
BEEM
$9.0M
$8.4M
SLNH
Growing faster (revenue YoY)
SLNH
SLNH
+5.1% gap
SLNH
11.8%
6.7%
BEEM
Higher net margin
BEEM
BEEM
258.9% more per $
BEEM
-25.8%
-284.7%
SLNH
More free cash flow
BEEM
BEEM
$3.0M more FCF
BEEM
$-3.8M
$-6.8M
SLNH
Faster 2-yr revenue CAGR
SLNH
SLNH
Annualised
SLNH
-8.8%
-21.2%
BEEM

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BEEM
BEEM
SLNH
SLNH
Revenue
$9.0M
$8.4M
Net Profit
$-2.3M
$-24.0M
Gross Margin
17.8%
9.5%
Operating Margin
-29.3%
-92.5%
Net Margin
-25.8%
-284.7%
Revenue YoY
6.7%
11.8%
Net Profit YoY
49.6%
-233.2%
EPS (diluted)
$-1.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BEEM
BEEM
SLNH
SLNH
Q4 25
$9.0M
Q3 25
$5.8M
$8.4M
Q2 25
$7.1M
$6.2M
Q1 25
$6.3M
$5.9M
Q4 24
$8.5M
$8.3M
Q3 24
$11.5M
$7.5M
Q2 24
$14.8M
$9.7M
Q1 24
$14.6M
$12.5M
Net Profit
BEEM
BEEM
SLNH
SLNH
Q4 25
$-2.3M
Q3 25
$-4.9M
$-24.0M
Q2 25
$-4.3M
$-7.4M
Q1 25
$-15.5M
$-7.6M
Q4 24
$-4.6M
$-40.0M
Q3 24
$1.3M
$-7.2M
Q2 24
$-4.9M
$-10.9M
Q1 24
$-3.0M
$-5.3M
Gross Margin
BEEM
BEEM
SLNH
SLNH
Q4 25
17.8%
Q3 25
-0.5%
9.5%
Q2 25
20.3%
6.3%
Q1 25
7.9%
5.7%
Q4 24
26.3%
-360.8%
Q3 24
10.7%
-39.1%
Q2 24
15.9%
34.6%
Q1 24
10.2%
45.4%
Operating Margin
BEEM
BEEM
SLNH
SLNH
Q4 25
-29.3%
Q3 25
-84.2%
-92.5%
Q2 25
-63.1%
-107.6%
Q1 25
-245.8%
-120.9%
Q4 24
-60.1%
-426.0%
Q3 24
11.2%
-119.8%
Q2 24
-32.3%
-38.0%
Q1 24
-20.9%
3.2%
Net Margin
BEEM
BEEM
SLNH
SLNH
Q4 25
-25.8%
Q3 25
-84.1%
-284.7%
Q2 25
-60.5%
-119.9%
Q1 25
-245.5%
-127.3%
Q4 24
-54.5%
-483.8%
Q3 24
11.3%
-95.5%
Q2 24
-33.2%
-112.4%
Q1 24
-20.9%
-41.9%
EPS (diluted)
BEEM
BEEM
SLNH
SLNH
Q4 25
Q3 25
$-0.28
$-1.14
Q2 25
$-0.28
$-0.93
Q1 25
$-1.04
$-1.21
Q4 24
$-0.31
$-7.14
Q3 24
$0.09
$-1.56
Q2 24
$-0.34
$-3.62
Q1 24
$-0.21
$-2.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BEEM
BEEM
SLNH
SLNH
Cash + ST InvestmentsLiquidity on hand
$969.0K
Total DebtLower is stronger
$13.3M
Stockholders' EquityBook value
$24.8M
$14.5M
Total Assets
$42.7M
$152.0M
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEEM
BEEM
SLNH
SLNH
Q4 25
$969.0K
Q3 25
$3.3M
Q2 25
Q1 25
Q4 24
$4.6M
Q3 24
Q2 24
Q1 24
Total Debt
BEEM
BEEM
SLNH
SLNH
Q4 25
Q3 25
$13.3M
Q2 25
$10.0M
Q1 25
$10.2M
Q4 24
$7.1M
Q3 24
$8.1M
Q2 24
$9.0M
Q1 24
Stockholders' Equity
BEEM
BEEM
SLNH
SLNH
Q4 25
$24.8M
Q3 25
$26.5M
$14.5M
Q2 25
$26.9M
$-19.5M
Q1 25
$26.7M
$-16.1M
Q4 24
$41.3M
$-12.5M
Q3 24
$46.4M
$20.9M
Q2 24
$43.4M
$24.4M
Q1 24
$46.9M
$21.5M
Total Assets
BEEM
BEEM
SLNH
SLNH
Q4 25
$42.7M
Q3 25
$44.6M
$152.0M
Q2 25
$46.7M
$92.0M
Q1 25
$46.8M
$90.0M
Q4 24
$61.5M
$88.0M
Q3 24
$67.3M
$97.3M
Q2 24
$71.9M
$98.7M
Q1 24
$75.7M
$90.6M
Debt / Equity
BEEM
BEEM
SLNH
SLNH
Q4 25
Q3 25
0.92×
Q2 25
Q1 25
Q4 24
Q3 24
0.39×
Q2 24
0.37×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BEEM
BEEM
SLNH
SLNH
Operating Cash FlowLast quarter
$-3.8M
$-2.2M
Free Cash FlowOCF − Capex
$-3.8M
$-6.8M
FCF MarginFCF / Revenue
-42.3%
-81.4%
Capex IntensityCapex / Revenue
0.6%
55.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-11.8M
$-34.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEEM
BEEM
SLNH
SLNH
Q4 25
$-3.8M
Q3 25
$-4.6M
$-2.2M
Q2 25
$-318.0K
$-1.1M
Q1 25
$-1.8M
$-177.0K
Q4 24
$859.0K
$-5.1M
Q3 24
$-3.0M
$61.0K
Q2 24
$2.9M
$-7.3M
Q1 24
$-3.0M
$3.9M
Free Cash Flow
BEEM
BEEM
SLNH
SLNH
Q4 25
$-3.8M
Q3 25
$-5.1M
$-6.8M
Q2 25
$-1.1M
$-9.7M
Q1 25
$-1.8M
$-4.0M
Q4 24
$462.0K
$-13.9M
Q3 24
$-3.1M
$-3.4M
Q2 24
$2.8M
$-7.6M
Q1 24
$-3.1M
$3.3M
FCF Margin
BEEM
BEEM
SLNH
SLNH
Q4 25
-42.3%
Q3 25
-87.9%
-81.4%
Q2 25
-15.2%
-156.8%
Q1 25
-28.7%
-67.1%
Q4 24
5.4%
-168.3%
Q3 24
-27.4%
-44.8%
Q2 24
18.9%
-78.2%
Q1 24
-21.5%
26.5%
Capex Intensity
BEEM
BEEM
SLNH
SLNH
Q4 25
0.6%
Q3 25
7.8%
55.2%
Q2 25
10.7%
139.0%
Q1 25
0.9%
64.2%
Q4 24
4.7%
107.0%
Q3 24
1.7%
45.6%
Q2 24
0.9%
2.5%
Q1 24
0.7%
4.2%
Cash Conversion
BEEM
BEEM
SLNH
SLNH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-2.28×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BEEM
BEEM

Products$7.0M77%
Other$2.0M23%

SLNH
SLNH

Data Hosting Revenue$5.3M62%
Cryptocurrency Mining Revenue$2.8M33%
Other$389.0K5%

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